Harmony Holdings Pushes Back Warrant Deadline
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Harmony Holdings Inc., a television commercial production company in Burbank, said it extended the expiration date of its publicly traded B warrants from July 15 to Oct. 13.
The terms of the warrants remain unchanged. It allows each B warrant holder to buy one share of common stock for $3.30 as well as receive one C warrant, which can also be used to buy another share of common stock at $3.65 each through Jan. 28. If the B warrants are exercised, it will yield about $1.7 million to Harmony.